1492 Canton Rd, Lakemore, OH 44250
Lakemore Plaza, a 252,297 square foot community shopping center in Akron, Ohio, presents a compelling investment opportunity. This Class B property, built in 1959, sits on a 42.93-acre lot and comprises four single-story buildings. Currently, multiple retail spaces are available, ranging from 4,500 to 15,824 square feet. The center boasts strong anchor tenants including Save-a-Lot, Tractor Supply Co., Goodwill, and Jo-Ann Fabrics. A junior anchor space, several smaller shop spaces, and a former Huntington Bank outparcel building are also available for lease. Further development opportunities exist for outparcel construction, either for sale or build-to-suit. The property's strategic location near the signaled intersections of Routes 224 and 91 provides excellent visibility and accessibility. The surrounding area boasts a substantial population base, with over 118,000 residents and 44,000 employees within a five-mile radius. The property is zoned B-1 and its APN is 5402946. New ownership offers aggressive lease rates and terms. This is an exceptional opportunity to acquire a well-positioned retail property in a thriving market.
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Isalis (Bike/Boat/Book/etc) Store
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Party City Party Supply Store (Bike/Boat/Book/etc) Store
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Skunk Funk Big Box & Wholesale Store
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Carl's Trading Co Hat Shop
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Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.